ENTERING A NEW ERA OF TRANSFORMATION

Institutions are seeking to boost their competitiveness and profitability with new operating models and investments in emerging technologies.

41 %

of finance executives think digital disruption is an opportunity

29 %

potential digital value captured by financial services in 2016

$19 Bn

global Fintech funding in 2016

THE CHALLENGE

The financial services industry is entering into an era of transformation shaped by three major factors: heavy regulation, subdued profitability and increased competition. The financial services industry will have to make significant investments in digital and leading edge technologies to comply with regulations, compete with Fintech companies and deliver competitive return to shareholders. A great challenge.

In parallel, public administrations are remodeling themselves as more effective, efficient and transparent, as they seek to provide a higher quality of services with easier access and enhanced citizen participation.